Money Laundering: EFCC Arrests Man for Failure to Disclose $207,000

The Economic and Financial Crimes Commission, EFCC, Kano zonal office on December 31, 2018 arrested Sani Abdullahi, at the Mallam Aminu Kano International Airport, for money laundering offence.

Abdullahi was arrested on board Ethiopian Air enroute Kano to China for failing to fully declare the sum of $207,000 (Two Hundred and Seven Thousand Dollars) in his possession, to the authorities.

He declared the sum of $86,000 (Eighty Six Thousand Dollars), but concealed the sum of $121,000 (One Hundred and Twenty One Thousand Dollars). The concealed sum was discovered after he was searched by operatives of the Commission. It is an offence contrary to the Money Laundering Act 2011 (as amended).

The suspect has been granted administrative bail and will soon be charged to court.